PROPERTY AND EQUIPMENT

12 Months Ended

Jan. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

8. PROPERTY AND EQUIPMENT

As of January 31, 2022 and January 31, 2021, hotel properties consisted of the following:

HOTEL PP&E
	January 31, 2022			January 31, 2021
Land	$	2,500,000		$	2,500,000
Building and improvements		10,577,297			10,531,947
Furniture, fixtures and equipment		4,114,400			4,058,681
Total hotel properties		17,191,697			17,090,628
Less accumulated depreciation		(9,664,472	)		(8,961,498	)
Hotel properties, net		7,527,225			8,129,130

As of January 31, 2022 and January 31, 2021, property and equipment consisted of the following:

CORPORATE PP&E
	January 31, 2022			January 31, 2021
Land	$	7,005		$	7,005
Building and improvements		75,662			75,662
Furniture, fixtures and equipment		392,879			540,014
Total property, plant and equipment		475,546			622,681
Less accumulated depreciation		(423,458	)		(561,961	)
Property, Plant and Equipment, net	$	52,088		$	60,720